Lance Leighton
Co-Founder – HedgeFundSpaces.com
Senior Managing Director, Savills
New York State Licensed Real Estate Salesperson
Third Avenue has consistently been a welcomed location for boutique financial services firms seeking less expensive yet quality office space options. However, as the market for smaller, furnished office spaces has become seemingly tight, when a good unit hits the market, it tends to lease fairly quickly. That being said, our team is proud to bring to market an incredible sublease opportunity at 850 Third Avenue, a recently renovated class A office building in Midtown Manhattan.
850 Third Avenue – Renovated Lobby
Designed by world-renowned architect, Emery Roth & Sons, 850 Third Avenue is conveniently located between 51st & 52nd streets. Steps away from major transit hubs and a short walk to Grand Central Station, the building offers the conveniences of being in a prime location- at a fraction of the cost of its peer buildings on Lexington, Park and Madison Avenues. Though there are few small options currently available in the asset, a portion of the 9th floor is being offered for sublease from our client, a Nordic investment banking powerhouse. Measuring 5,571 rentable square feet, the unit was recently built to a very-high standard with two (2) glass-fronted conference rooms, two (2) glass-fronted offices, 1 glass-fronted meeting room, and open area for +/- 16 people (click here for a flyer with floorplans and photos). All existing furniture can remain in place for an incoming subtenant and the term is through May 2026. This unit is perfect for any hedge fund or trading firm looking to be in a class A office building at a substantial discount in the heart of the Plaza District. For more information on this unit or to schedule a tour, please click here.
Also, check out our video of this beautiful space below.
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